Windward, which provides artificial intelligence-based technology to generate information and insights for the global maritime trade industry, has raised £ 34.5 million from institutional investors including Hargreave Hale, Gresham House, Premier Miton and NinetyOne and will start trading on the AIM stock exchange in London. Its data sources, its technology development and investment in sales and marketing.
Windward’s technology platform provides real-time information and insights on ships at sea, enabling stakeholders in the maritime field to gain risk management intelligence and gain business and operational insights. Windward has more than 70 customers worldwide, including a number of leading players in the maritime industry such as banks, commodity traders, insurance companies, government agencies and large energy and shipping companies.
Clients including BP, Shell, HSBC, Gard, Danske Bank and leading government agencies including the agencies of the US Department of Homeland Security, Frontex (Pan-European Border and Coast Guard Agency) and the United Nations.
Ami Daniel, CEO and co-founder of Windward: “We are pleased with the trust we have received from the market that allows us to continue investing in our innovative artificial intelligence-based platform. To date we have invested over $ 25 million in the platform and recruited as clients from leading players in the marine industry, we are confident that we have built solid and stable foundations for future and trending growth.
“The maritime trade industry is huge and complex with many stakeholders but with limited access to existing data. Our marine risk forecasting and management system sheds light on everything that happens in the industry.
‘Increasing regulation in the areas of sanctions and carbon dioxide emissions provides a significant boost to our value proposition. “Our entry into the London Stock Exchange (AIM) marks an important milestone in our journey and I want to thank all our existing and new investors for supporting our vision and most importantly, all the staff at Windward who made it possible.”